McDonald's Drive Thru Lichfield South Birmingham Road, Lichfield Staffordshire WS14 0QP

  • McDonald's Drive Thru<br>Lichfield South<br>Birmingham Road, Lichfield<br>Staffordshire<br>WS14 0QP

McDonald's Drive Thru
Lichfield South
Birmingham Road, Lichfield
Staffordshire
WS14 0QP

Modern Drive-Thru Restaurant Freehold

  • Lot
    13
  • Auction
    29th March 2012
  • Rent
    £71,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £1,205,000
  • Auction Venue
    Millennium Hotel
    39-44 Grosvenor Square
    London W1K 2HP
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Modern Drive-Thru Restaurant Freehold

  • Lot 13
  • Auction 29th March 2012
  • Rent £71,000 per Annum Exclusive
  • Status Sold
  • Price £1,205,000
  • Sector
    Leisure
  • Auction Venue
    Millennium Hotel
    39-44 Grosvenor Square
    London W1K 2HP

Property Information

Location
Miles
2 miles south of Lichfield, 8 miles north-east of Tamworth, 13 miles north of Birmingham
Roads
A5, A38, M6 Toll Road
Rail
Lichfield City Railway Station
Air
Birmingham International Airport
Situation

The property is situated on Lichfield South Business Park, comprising 23 acres, which lies approximately 2 miles south of Lichfield city centre on the main road to Birmingham. Lichfield South Business Park is well located for the A5 and Junction T5 of the M6 Toll Road. Adjacent occupiers include Holiday Inn Express, Virgin Active Health Club, Frankie and Benny’s, Skipton Building Society, NextiraOne and Parker Hannifin. The remaining 11 acres has been recommended to be allocated for B1 Office development.

Tenure

Freehold.

Location
Miles
2 miles south of Lichfield, 8 miles north-east of Tamworth, 13 miles north of Birmingham
Roads
A5, A38, M6 Toll Road
Rail
Lichfield City Railway Station
Air
Birmingham International Airport
Situation

The property is situated on Lichfield South Business Park, comprising 23 acres, which lies approximately 2 miles south of Lichfield city centre on the main road to Birmingham. Lichfield South Business Park is well located for the A5 and Junction T5 of the M6 Toll Road. Adjacent occupiers include Holiday Inn Express, Virgin Active Health Club, Frankie and Benny’s, Skipton Building Society, NextiraOne and Parker Hannifin. The remaining 11 acres has been recommended to be allocated for B1 Office development.

Tenure

Freehold.

Description

The property comprises a modern purpose built, single storey drive-thru restaurant. Access is via the main road serving the wider business park. In addition, the property comprises a car park for some 37 cars. The property trades on a 24 hour a day, 7 days a week operation.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a modern purpose built, single storey drive-thru restaurant. Access is via the main road serving the wider business park. In addition, the property comprises a car park for some 37 cars. The property trades on a 24 hour a day, 7 days a week operation.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reviews
Ground Restaurant
and Ancillary
281.02 sq m
(3,025 sq ft)
MCDONALD’S
RESTAURANTS LIMITED (1)
25 years from
24/06/2002 until 2027
£71,000 24/06/2012
and 5 yearly
  Totals
281.02 sq m
(3,025 sq ft)
    £71,000  

Contacts

Acuitus
Peter CunliffePeter Cunliffe +44 (0)20 7034 4850peter.cunliffe@acuitus.co.uk
Tom RyderTom Ryder +44 (0)20 7034 4858 tom.ryder@acuitus.co.uk
Seller's Solicitors
Hill Hofstetter LLP Trigen House, Central Boulevard
Blythe Valley Park
Solihull
B90 8AB
Jonathan Wright 0121 210 6000jwright@hillhofstetter.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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